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DOW   33,002.38
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Laser breakthrough could send stock soaring 2,467% (Ad)
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Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
The Ultimate Passive Income Play (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Laser breakthrough could send stock soaring 2,467% (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Laser breakthrough could send stock soaring 2,467% (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
The Ultimate Passive Income Play (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Laser breakthrough could send stock soaring 2,467% (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Laser breakthrough could send stock soaring 2,467% (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
The Ultimate Passive Income Play (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Laser breakthrough could send stock soaring 2,467% (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Laser breakthrough could send stock soaring 2,467% (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
The Ultimate Passive Income Play (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
NASDAQ:ATSG

Air Transport Services Group (ATSG) Stock Forecast, Price & News

$20.74
-0.06 (-0.29%)
(As of 10/3/2023 ET)
Compare
Today's Range
$20.53
▼
$20.81
50-Day Range
$19.50
▼
$22.97
52-Week Range
$14.39
▼
$29.55
Volume
435,270 shs
Average Volume
624,651 shs
Market Capitalization
$1.47 billion
P/E Ratio
11.40
Dividend Yield
N/A
Price Target
$26.50
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Air Transport Services Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
27.8% Upside
$26.50 Price Target
Short Interest
Bearish
8.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.35
Upright™ Environmental Score
News Sentiment
0.23mentions of Air Transport Services Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$22.95 M Sold Last Quarter
Proj. Earnings Growth
7.45%
From $1.88 to $2.02 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Transportation Sector

54th out of 115 stocks

Air Courier Services Industry

2nd out of 2 stocks

See Top Rated MarketRank™ Stocks Here

ATSG stock logo

About Air Transport Services Group (NASDAQ:ATSG) Stock

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments: Cargo Aircraft Management Inc. (CAM), and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; and general facilities maintenance. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, jet fuel, and deicing services. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircrafts. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2022, the company's in-service aircraft fleet consisted of 111 owned Boeing aircraft and 17 leased aircraft. The company was formerly known as ABX Holdings, Inc. and changed its name to Air Transport Services Group, Inc. The company was founded in 1980 and is headquartered in Wilmington, Ohio.

ATSG Price History

ATSG Stock News Headlines

October 3, 2023 | finance.yahoo.com
Here's Why One Should Retain Air Transport Services (ATSG)
October 2, 2023 | finance.yahoo.com
ATSG Names Mike Berger as President
October 4, 2023 | Legacy Research (Ad)
Elon Did It Again: This Could be Bigger than Tesla
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September 30, 2023 | thestreet.com
Air Transport Services Group Stock Soars (ATSG)
September 30, 2023 | americanbankingnews.com
Loop Capital Increases Air Transport Services Group (NASDAQ:ATSG) Price Target to $30.00
September 30, 2023 | americanbankingnews.com
Air Transport Services Group (NASDAQ:ATSG) Price Target Cut to $27.00
September 29, 2023 | americanbankingnews.com
Air Transport Services Group, Inc. (NASDAQ:ATSG) Receives Average Rating of "Moderate Buy" from Analysts
September 28, 2023 | markets.businessinsider.com
Loop Capital Markets Keeps Their Buy Rating on Air Transport Services (ATSG)
October 4, 2023 | Chaikin Analytics (Ad)
This is the #1 Stock to Buy for the AI Tidal Wave
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September 22, 2023 | finance.yahoo.com
Does Air Transport Services (ATSG) Have the Potential to Rally 27.9% as Wall Street Analysts Expect?
September 20, 2023 | msn.com
Oppenheimer Initiates Coverage of Air Transport Services Group (ATSG) with Outperform Recommendation
September 14, 2023 | finance.yahoo.com
Air Transport Services Group to Host Investor Day
September 11, 2023 | finance.yahoo.com
JOBY's Unit Completes Liquid H2-Powered Piloted Flights
September 4, 2023 | msn.com
Is Air Transport Services Group (ATSG) Stock Undervalued Right Now?
September 4, 2023 | markets.businessinsider.com
Air Transport Services (ATSG) Gets a Hold from Truist Financial
August 29, 2023 | finance.yahoo.com
ATSG to Webcast Fireside Chat at the TD Cowen 2023 Global Transportation Conference
August 24, 2023 | msn.com
Air Transport Services Group: Upside Remains After A 45% Surge
August 23, 2023 | finance.yahoo.com
American Airlines (AAL) Expects High Q3 Costs Post Pilot Deal
August 18, 2023 | msn.com
Loop Capital Maintains Air Transport Services Group (ATSG) Buy Recommendation
August 18, 2023 | markets.businessinsider.com
Analyst Expectations for Air Transport Services Gr's Future
August 16, 2023 | finance.yahoo.com
Malaysian cargo airline Raya leases ATSG’s 1st Airbus freighters
August 14, 2023 | finance.yahoo.com
ATSG Completes Record Month of Freighter Deployments
August 10, 2023 | msn.com
Air Transport Services Group prices offering of $350M senior notes
August 10, 2023 | finance.yahoo.com
Air Transport Services Group, Inc. Prices $350 Million Convertible Senior Notes Offering
August 9, 2023 | finance.yahoo.com
Air Transport Services Group, Inc. Announces Proposed Convertible Senior Notes Offering
August 9, 2023 | markets.businessinsider.com
Air Transport's Decision To Control Capex Amid Uncertain Macro Backdrop Looks Prudent: Analyst
August 8, 2023 | finance.yahoo.com
Air Transport Services (ATSG) Stock Up 19.5% on Q2 Earnings Beat
See More Headlines
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ATSG Company Calendar

Last Earnings
8/04/2023
Today
10/03/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Air courier services
Sub-Industry
Air Freight & Logistics
Sector
Transportation
Current Symbol
NASDAQ:ATSG
CUSIP
00922R10
CIK
894081
Web
www.atsginc.com
Phone
(937) 382-5591
Fax
937-383-3838
Employees
5,320
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$26.50
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+27.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.82
Trailing P/E Ratio
11.40
Forward P/E Ratio
11.03
P/E Growth
N/A
Net Income
$198.58 million
Net Margins
7.30%
Pretax Margin
9.73%
Return on Equity
12.10%
Return on Assets
4.76%

Debt

Debt-to-Equity Ratio
1.05
Current Ratio
0.89
Quick Ratio
0.75

Sales & Book Value

Annual Sales
$2.05 billion
Price / Sales
0.72
Cash Flow
$7.74 per share
Price / Cash Flow
2.68
Book Value
$19.42 per share
Price / Book
1.07

Miscellaneous

Outstanding Shares
70,760,000
Free Float
69,558,000
Market Cap
$1.47 billion
Optionable
Optionable
Beta
0.81

Social Links

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Key Executives

  • Mr. Joseph C. HeteMr. Joseph C. Hete (Age 68)
    Chairman
    Comp: $200k
  • Mr. Richard F. Corrado (Age 63)
    Pres, CEO & Director
    Comp: $1.83M
  • Mr. Quint O. TurnerMr. Quint O. Turner (Age 60)
    Chief Financial Officer
    Comp: $922.9k
  • Mr. Edward J. Koharik III (Age 52)
    Chief Operating Officer
    Comp: $835.64k
  • Mr. W. Joseph Payne (Age 59)
    Chief Legal Officer & Sec.
    Comp: $826.15k
  • Mr. Michael L. BergerMr. Michael L. Berger (Age 61)
    Chief Strategy Officer
    Comp: $858.32k
  • Mr. Edward Russell Smethwick
    VP of Corp. Devel.
  • Ms. Deborah A. LovelessMs. Deborah A. Loveless
    VP of Human Capital
  • Mr. Paul E. Chase (Age 41)
    Chief Commercial Officer
  • Mr. Matthew E. Fedders
    VP & Corp. Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













ATSG Stock - Frequently Asked Questions

Should I buy or sell Air Transport Services Group stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATSG shares.
View ATSG analyst ratings or view top-rated stocks.

What is Air Transport Services Group's stock price forecast for 2023?

6 Wall Street analysts have issued 12 month price objectives for Air Transport Services Group's shares. Their ATSG share price forecasts range from $21.00 to $30.00. On average, they predict the company's stock price to reach $26.50 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price.
View analysts price targets for ATSG or view top-rated stocks among Wall Street analysts.

How have ATSG shares performed in 2023?

Air Transport Services Group's stock was trading at $25.98 at the beginning of the year. Since then, ATSG shares have decreased by 20.2% and is now trading at $20.74.
View the best growth stocks for 2023 here.

When is Air Transport Services Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ATSG earnings forecast.

How were Air Transport Services Group's earnings last quarter?

Air Transport Services Group, Inc. (NASDAQ:ATSG) released its quarterly earnings results on Friday, August, 4th. The transportation company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.20. The transportation company had revenue of $529.34 million for the quarter, compared to analysts' expectations of $514.56 million. Air Transport Services Group had a net margin of 7.30% and a trailing twelve-month return on equity of 12.10%. The company's revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.59 EPS.

What ETFs hold Air Transport Services Group's stock?

ETFs with the largest weight of Air Transport Services Group (NASDAQ:ATSG) stock in their portfolio include U.S. Global Jets ETF (JETS), SPDR S&P Transportation ETF (XTN), First Trust Small Cap Value AlphaDEX Fund (FYT), First Trust Small Cap Core AlphaDEX Fund (FYX) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR).

What guidance has Air Transport Services Group issued on next quarter's earnings?

Air Transport Services Group updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $1.65-$1.80 for the period, compared to the consensus EPS estimate of $1.62. The company issued revenue guidance of -.

What other stocks do shareholders of Air Transport Services Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Air Transport Services Group investors own include Anworth Mortgage Asset (ANH), Fifth Third Bancorp (FITB), Automatic Data Processing (ADP), Procter & Gamble (PG), The PNC Financial Services Group (PNC), Truist Financial (TFC), Huntington Bancshares (HBAN), Intersect ENT (XENT), Alibaba Group (BABA) and NVIDIA (NVDA).

What is Air Transport Services Group's stock symbol?

Air Transport Services Group trades on the NASDAQ under the ticker symbol "ATSG."

How do I buy shares of Air Transport Services Group?

Shares of ATSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Air Transport Services Group's stock price today?

One share of ATSG stock can currently be purchased for approximately $20.74.

How much money does Air Transport Services Group make?

Air Transport Services Group (NASDAQ:ATSG) has a market capitalization of $1.47 billion and generates $2.05 billion in revenue each year. The transportation company earns $198.58 million in net income (profit) each year or $1.82 on an earnings per share basis.

How many employees does Air Transport Services Group have?

The company employs 5,320 workers across the globe.

How can I contact Air Transport Services Group?

Air Transport Services Group's mailing address is 145 HUNTER DR, WILMINGTON OH, 45177. The official website for the company is www.atsginc.com. The transportation company can be reached via phone at (937) 382-5591, via email at investor.relations@atsginc.com, or via fax at 937-383-3838.

This page (NASDAQ:ATSG) was last updated on 10/4/2023 by MarketBeat.com Staff

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